An Investment Company Sponsoring a Mutual Fund Must Give Potential

question 53

Multiple Choice

An investment company sponsoring a mutual fund must give potential investors a

• A)analytical purchase report.
• B)prospectus.
• C)disclosure/evaluation form.
• D)redemption fee sheet.
• E)copy of the annual mutual funds evaluation provided by Changing Times magazine.

---

Definitions:

State Unemployment

A government-provided insurance program that offers temporary financial assistance to the unemployed who lost their jobs through no fault of their own.

Federal Unemployment

Refers to the United States federal government program that provides unemployment benefits to eligible workers.

FICA-OASDI

Refers to the Social Security portion of the Federal Insurance Contributions Act tax, used to fund the Social Security program in the United States.

Calendar Year

The 12-month period a business chooses for its accounting year. Alternatively known as fiscal year and natural business year.